The site of the former Health-South rehabilitation facility in downtown Austin is set to be transformed into a mixed-use destination comprising a 36-story residential tower, a 15-story office building, more than 25,000 square feet of retail space and a half-acre elevated park. Located at 12th and Red River streets, the sustainable development will catalyze growth within the city’s Innovation District, which is home to the 11-acre Waterloo Park. A 18,000-square-foot food hall will aid in activating Waterloo Park.
Aspen Heights Partners was selected to redevelop the site after responding to the Austin Economic Development Department’s request for proposals to transform the site in a way that would maximize its value to the community through the addition of affordable housing and other public benefits. A group of deeply rooted Austin-based companies including Aspen Heights, design firm STG Design, engineering firm Civilitude and landscape architecture firm Studio Balcones will work together on the development, which will feature 160 condominiums and 348 rental apartments.
Lisa Brown has more than 30 years of experience in corporate communications and marketing management with organizations including Grubb & Ellis, Marcus & Millichap and NAIOP.
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